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2023-05-04 11:09:48 ET Shopify ( TSX:SHOP ) shares were up about 25% on May 4, as the e-commerce company made the tough decision to cut 20% of its workforce. With the second round of layoffs, Shopify also decided to sell off its freight forwarder, Flexport. Why happened? ...
Shopify sharpens its focus on building and scaling the future of commerce Internet, Everywhere--(Newsfile Corp. - May 4, 2023) - Shopify Inc. (NYSE, TSX: SHOP), a provider of essential internet infrastructure for commerce, announced today financial results for the quarter ended March 31, 2023. ...
2023-05-03 15:30:00 ET After hitting a bottom in late-2022, Shopify Inc. ( TSX:SHOP )( NYSE:SHOP ) has rebounded at a ferocious pace. The tech stock is up 80% since October. It’s now trading at $63.80, roughly the same price it was at in early 2022. Investors are ...
2023-05-03 12:45:00 ET I firmly believe that all Canadians should be investing in a Tax-Free Savings Account (TFSA). As its name suggests, any gains generated in one of these accounts can be withdrawn tax free. That could help investors snowball their accounts much faster. Because Canad...
Internet, Everywhere--(Newsfile Corp. - May 1, 2023) - Shopify Inc. (NYSE, TSX: SHOP), a provider of essential internet infrastructure for commerce, today announced a revised time for the release of its financial results for its first quarter, which ended March 31, 2023. The company will now rele...
2023-05-01 09:00:00 ET Last week, big U.S. tech companies began reporting their earnings for the first quarter of 2023. The results were generally ahead of estimates; for example, Alphabet revealed that its revenue grew, and that its rate of decline in earnings slowed down. Meta Platf...
2023-04-27 16:15:00 ET With the market rally running out of steam once again, and a recession likely up ahead, there’s a feeling of unease. Making things worse, the recent banking troubles south of the border have really made for a choppy environment. Though the bank runs and fai...
2023-04-27 12:45:00 ET U.S. tech earnings season is upon us. So far, we’ve seen IBM , Alphabet , and Microsoft beat expectations, with others still waiting to report. On the whole, it’s been an exciting round of earnings releases from America’s big tech ...
2023-04-26 17:15:00 ET While there are a few companies valued at a market cap of more than US$1 trillion in the U.S., the largest TSX company is Royal Bank of Canada , which trades at a market cap of around $180 billion. However, back in 2021, Shopify ( TSX:SHOP ) was th...
2023-04-26 15:45:00 ET Growth stocks can be very interesting companies to hold in a portfolio, because of the potential return on investment . If we look at some of the greatest growth stocks in history, we’d see that some investors have been able to generate life-changing am...
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2024-07-26 16:40:00 ET Investing in artificial intelligence (AI) is a forward-thinking strategy that has the potential to yield substantial long-term rewards. And it’s not just in the United States. The TSX today offers a range of AI-related stocks that can be promising for investors...
2024-07-26 15:30:00 ET Shares of Shopify ( TSX:SHOP ) got pummelled on an awful Wednesday for the broader tech markets. Undoubtedly, it wasn’t just a bad day for markets; it was a bloodbath, especially for the biggest semiconductor winners of the first half of 2024. Mega-cap ...
2024-07-25 16:20:00 ET Valued at $105 billion by market cap , Shopify ( TSX:SHOP ) is among the largest companies in Canada. It provides enterprises with a portfolio of products and solutions to set up an online presence and gain a foothold in the expanding e-commerce segment. ...